California § 10509.9201. 10509.9201. (Added by Stats. 2024, Ch. 2, Sec. 6.)

California Statutes

§ 10509.9201. — 10509.9201. (Added by Stats. 2024, Ch. 2, Sec. 6.)

California·Code INS Insurance Code - INS·Div. 2. DIVISION 2. CLASSES OF INSURANCE·Part 2. PART 2. LIFE AND DISABILITY INSURANCE·Ch. 5. CHAPTER 5. General Regulation of Life Insurers·Art. 9.5. ARTICLE 9.5. Suitability Requirements for Annuity Transactions on or after January 1, 2025

(a)This article shall apply to any sale of, or recommendation made to a consumer to purchase, exchange, or replace, as defined in paragraph (14) of subdivision (a) of Section 10509.9203, an annuity.

(b)This article does not preclude, preempt, or otherwise interfere with the application of any other laws of this state that may apply in any matter involving the sale of an annuity that is subject to this article.

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(a)
This article shall apply to any sale of, or recommendation made to a consumer to purchase, exchange, or replace, as defined in paragraph (14) of subdivision (a) of Section 10509.9203, an annuity.
(b)
This article does not preclude, preempt, or otherwise interfere with the application of any other laws of this state that may apply in any matter involving the sale of an annuity that is subject to this article.

California § 10509.9201. (10509.9201. (Added by Stats. 2024, Ch. 2, Sec. 6.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.